Deluxe Apartments Way Up in The Sky

Developers around the country are betting big on skyscrapers, building residential buildings at record-breaking heights. Candace Jackson has details on Lunch Break.

This transcript has been automatically generated and may not be 100% accurate.

... I ... oh well am and on ... that you all awaiting a new floor in some cases ... welcome to life at one thousand feet Scott privileges ... also got some pitfalls we have our We'll Stay expert reporter here extort man threatened a Candace Jackson ... welcome to lunch break ... the high rise living in which apply to Jefferson's theme song right in honor ... of which were Jefferson yet but the inventive and see where this is happening ... big ones right New York Monday in Dallas Hopes Hall is tall ... call it is as high as almost fourteen hundred ... feet into the air so that's ... up like a hundred stories plus about level ... ALM so these are very tall buildings I'm in some cases breaking high records for the cities that they're in for the Polisse residence ... in using these tall buildings were reserved for the office the office said that now they're going more into residential ... what's been driving this trend among NL was ... among the super wealthy can ... yes I mean what's new about these super tall buildings there's obviously been high rise condo buildings around for awhile but what's new about the latest generation is that they're very much catering to that super wealthy and so ... the penthouses are you know have price tags that are most hard to fathom hundred and fifty million in one case for penthouse of one fifty seven ... the new building in New York it's gonna go up to ninety stories on ... and you know obviously that the views but they've also got an increasing amount of amenities that are known private to the people just to live there including swimming pools with major news and spas and restaurants room service so ... room service and Cape Air ... service ... the higher you get ice in the more you pay ... I also just from having lived on the thirty eighth floor in a one point which is in high by these folks comparison but ... there are some drawbacks write a mean there's the wind Nina's factor that billings tend to sway a little bit is that come into play here that that really comes into planning thirty eight is a pretty high floor you would probably get some of that book but the next-generation billings are being built with ... increasingly high tech technology so ... the shifting factor is apparently going to be mitigated or so so they claim but you do have movement at any time you have a building that's ... very tall with a very narrow base when it's windy or there's the store making sure that a couple of feet at the top so ... he is also something to that you mean you think the higher you get ... the better the is going to be that there's a certain point right ... and we see in the biz that's getting better news to see more of ... the pro class holds right yes I mean if your towering fifty storeys above the building next to you of course the building that you can it be amazing but is the can it be that much more amazing than the person cancer is below the ear and out with a Baddeley ... is pretty great from fifty stories on that was the conventional wisdom out there in the real state industry about how well these are going to continue selling and if the appetite there ... you know or is this something where receive these villains go up a nice developers and on my billing bigger than your building and into the stock with an empty lot into residences that that's of course have to say because there you know most of these are still just coming out of the market just being built but ... on the real estate brokers and analysts I've talked to said that there's actually a shortage of demand for this type of building there's a lot of overseas buyers now that are looking for ... very very high end places to park their money in the US ... presidential play real estate you know ... in the U S entities buildings that are perfect for them because they're you know ... high rises and as opposed to town houses that pretty easy and in turn key situations and found ... no shortage of demand and there's no apparently not a shortage of demand as hard as that is to believe ... Candace Jackson ... taken us on up thanks so much appreciate that thank you ...